Orient Green Power Company Ltd

- The company plans to draw down about Rs. 120 crores of new debt for upcoming wind capacity, so debt will increase slightly next quarter. - Interest cost is currently about 9.15%, with ongoing negotiations to reduce it through refinancing or better lending terms. - For FY 2027, full CAPEX plans are pending; internal generation may not cover CAPEX needs. - The company is exploring fundraising options (debt or equity) to support CAPEX beyond FY 2026 spillover of about Rs. 240 crores. - There is no current public preference share (Pref) issue planned by the company. - A subsidiary (Delta) may issue Pref shares to select investors, mainly group captive customers. - Overall, no definite fundraising is finalized yet; discussions and plans are ongoing and expected to be clearer in upcoming quarters.

- FY 2026 CAPEX includes spillover for 36 MW capacity, about Rs. 240 crores. - FY 2027 CAPEX plans are not finalized yet; company exploring fundraising options for new investments. - Rs. 120 crores of new loans expected in next quarter mainly for new wind capacity. - New projects: 7 MW solar already commissioned; additional 18 MW solar and 10 MW wind Greenfield targeted for commissioning by April-May 2026. - Repowering of 6 MW wind capacity expected to commission by June 2026 (using three 2.1 MW turbines). - Repowering guided by Tamil Nadu Repowering Policy; further repowering potential of 35 MW older turbines under consideration. - Company aims to reach 1 GW capacity, likely via acquisitions or strategic collaborations; no detailed public plan yet. - Focus on hybrid projects combining wind and solar for better land and grid utilization.

- The company aims to grow capacity to 1 GW, currently at 380 MW, through a mix of Greenfield and Brownfield projects, with discussions underway for acquisitions. - New solar and wind projects (28 MW combined) are expected to commission by April-May FY 2026, adding incremental revenue. - Repowering 6 MW of older wind assets is underway, projected to increase EBITDA by Rs. 36 crores per annum alongside new Greenfield assets. - Seasonal nature of wind impacts volume; majority of generation occurs in first half of fiscal year. - Future growth will be driven by hybrid wind-solar projects enhancing operational efficiency and balancing portfolio sustainability. - Management is exploring fundraising options for expansion beyond FY 2027, expecting CAPEX funded through both internal resources and external means. - International expansion not planned; focus remains primarily on Indian market. - Overall, improved wind patterns, asset upgrades, and expanded solar capacity are expected to boost revenues and profitability over time.

- New capacity additions: 28 MW Greenfield projects (18 MW solar, 10 MW wind) expected to commission by April-May FY 2026, adding ~Rs. 36 crores EBITDA annually including repowering benefits. - Repowering: 6 MW wind repowering underway, improving plant efficiency and EBITDA contributions. - EBITDA growth: Operational improvements, favorable wind season, and repowering led to 14% YoY EBITDA growth in nine months FY 2026. - Net profit: Improved by nearly 54% YoY for nine months FY 2026, supported by better wind conditions, machine availability, and reduced finance costs. - Dependent on weather: Wind variability affects generation; management optimistic about monsoon and wind outlook. - Financing: Upgraded credit rating and refinance efforts aim to reduce interest costs further, supporting profitability. - Expansion: Targeting 1 GW capacity via acquisitions; organic growth alone is slower. Discussions ongoing, detailed plans expected in next quarters. - Overall: Growth expected from capacity addition, operational efficiency, repowering, and financial optimization leading to improved profits and EPS over next years.

- The company has closed contracts for developing around 28 MW of additional Greenfield capacity (18 MW solar + 10 MW wind). - These projects are targeted to be commissioned by April-May of FY 2026. - The 7 MW solar project was successfully commissioned in Q3 FY 2026. - Additional plans include repowering around 6 MW of older wind assets, targeted for commissioning by June of the same fiscal year. - For FY 2027, there is a spillover CAPEX of about Rs. 240 crores related to the 36 MW capacity under construction. - Fundraising options are being explored for further CAPEX beyond FY 2027. - The company is in discussions with multiple parties for achieving a 1 GW capacity but no specific details or timelines for pending orders were disclosed publicly yet.